Browsing: Core

Just under two months ago, GDPNow’s estimate of the contribution of final sales to private domestic purchasers (sum of consumption…

Compare to 2.8% y/y, 2.7% q/q AR. Figure 1: Instantaneous inflation (T=12,a=4) for core CPI (blue), core PCE deflator (brown),…

Q2 final sales to private domestic purchasers — arguably a better indicator over time about momentum in…

Shocker in PPI: 0.9% vs. 0.2% m/m consensus: Figure 1: Top panel, Instantaneous inflation for core CPI…

From Cleveland Fed, Goldman Sachs, plus Bloomberg consensus – generally, acceleration in the q/q annualized: Figure 1:…

Though not quite to February rates: Figure 1: Instantaneous inflation for core CPI (blue), core PCE deflator (brown), core PCE…

From Cleveland Fed today: Figure 1: Year on year core CPI inflation (blue), core PCE (tan), Bloomberg consensus of 7/11…

Various observers have argued for final sales to private domestic purchasers as the best measure of economic momentum. Nowcasts and…